(Trends Wide Español) — With crude oil trading at $ 80 a barrel, gasoline prices could remain high.
Brent, the international benchmark for oil, reached US $ 80 per barrel in the last week of September, while Goldman Sachs projects what will reach the US $ 90 a barrel by the end of the year.
Goldman Sachs said the recovery in global demand following the impact of the delta variant of COVID-19 has been “even faster than our above-consensus forecast” and global supply is “below our below-consensus forecasts. “. In other words, high oil prices could rise further, suggesting that gasoline prices may remain high.
For its part, the Automobile Association of the United States (AAA) indicated that, although gasoline prices could decrease in the autumn, as is customary, it should be taken into account that “approximately 16% of the production of crude oil in the Gulf of Mexico is still closed due to Hurricanes Ida and Nicholas “
This is what a gallon of gasoline costs (approximately 3.78 liters for a US gallon) in some countries of the American continent (in order from most expensive to cheapest), according to Global Petrol Prices, a site that tracks fuels in several countries and published an updated list of gasoline prices for September 2021. We present the values per gallon and in dollars for comparison purposes.
Uruguay
Price per gallon: $ 6.24
Belice
Price per gallon: $ 5.83
Chile
Price per gallon: $ 4.60
Cuba
Price per gallon: $ 4.54
Honduras
Price per gallon: $ 4.29
Nicaragua
Price per gallon: $ 4.27
Brazil
Price per gallon: $ 4.27
Mexico
Price per gallon: $ 4.17
Paraguay
Price per gallon: $ 3.97
Peru
Price per gallon: $ 3.93
The Savior
Price per gallon: $ 3.89
Guatemala
Price per gallon: $ 3.78
Argentina
Price per gallon: $ 3.69
USA
Price per gallon: $ 3.53
Panama
Price per gallon: $ 3.46
Ecuador
Price per gallon: $ 2.38
Colombia
Price per gallon: $ 2.26
Bolivia
Price per gallon: $ 2.05
Haiti
Price per gallon: $ 2.01
Venezuela
Price per gallon: estimated US $ 0.07)
Trends Wide’s Matt Egan contributed to this report.
